A & C United Agriculture Issues Corporate Update
January 09 2013 - 10:53AM
Marketwired
A & C United Agriculture Developing Inc (OTCQB: ACUG), an
international provider of agricultural products, wishes to inform
its investors of its milestones achieved for the past year.
Andy Liu, President, commented, "As a newly trading company in
the market place, we understand corporate communications are
important and wish to inform our investors of the following
developments:
- Strong seeds sales (US exporting). For year ending December 31,
A&C is on track to record approximately $500K in sales.
- Kick Start of Henan Project -- Official opening ceremony was
held on 11/16/2012.
- The Board of Directors has completed intensive market research
and strategic production partner meetings within the major cities
of Beijing, Shanghai, and Shenzhen.
- Have adjusted the corporate subsidiary structure in order to
comply with local regulations outside United States specifically
China.
- Have had advanced discussions with companies located in China
and ASEAN (Association of Southeast Asian Nations), in order to
integrate more business entities and generate significantly more
revenue on seeds and vegetables selling.
- Business forecast: Anticipated $3,000,000 sales (seeds and
vegetables) in year 2013.
- Successful listing on the Over the Counter market."
About A&C A&C United Agriculture
Developing Incorporation and its subsidiaries are engaged in
standardized vegetable seeds selecting, planting, growing,
harvesting, cool chain transportation, and processing. The company
has established seed export business with U.S suppliers and plans
to expand the sales. The Company plans on selling vegetables to
retail and wholesale consumers in China, ASEAN and other global
markets, by applying American standard quality control practices
with scalability and mechanization. The Company's focus is to build
and enhance the entire vegetable production chain complying with
local and global food safety requirements from seed to table, year
round, with two-way traceability and recall capability. The Company
is focused on providing fresh quality products that are easy to
use, appetizing and nutritious without compromising quality or
harming the environment and ecosystems.
Legal Disclaimer The statements contained
in this press release contain certain forward looking statements,
including statements regarding the company's expectations,
intentions, strategies and beliefs regarding the future. All
statements contained herein are based upon information available to
the company's management as of the date hereof, and actual results
may vary based upon future events, both within and without the
control of the company's management.
Contacts In New York Richard Oravec 212.924.354 Email
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